keo

28 Comments

    • It's the End Of the World As We Know It and I Own Gold [view article]
      Buy consumables. (The best inflation hedge in the times ahead !)
      Then, buy bullion. Gold is compact, very, very, very easy to hide, unless you're a billionaire.
      Then, if you have something left, buy miners.
      If you don't put up any signs like "Food & Gold Here", you will be OK.
      This is not the apocalypse.
      Sep 25 10:30 AM
    • AIG-Backed ETCs Trading on European Markets Again [view article]
      Well, on Euronext, market makers were sill not giving off quotes on Monday 22snd. Trading is open, ok, but without liquididty this is meaningless. The problems are still NOT over. Sep 23 02:25 AM
    • Is the Commodities Bull Market Over? [view article]
      strong dollar ? where ? Aug 11 12:56 PM
    • Is the Price of Gold Artificially Depressed? [view article]
      Some quotes:

      "Gold is money. That's it". J.P. Morgan

      "Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights." - Alan Greenspan

      "Gold still represents the ultimate form of payment in the world. Germany in 1944 could buy materials during the war only with gold. Fiat money in extremis is accepted by nobody. Gold is always accepted." -- Alan Greenspan 1999

      "There can be no other criterion, no other standard than gold. Yes, gold which never changes, which can be shaped into lingots, bars, coins, which has no nationality and which is eternally and universally accepted as the unalterable fiduciary value par excellence." - Charles De Gaulle

      "There are about three hundred economists in the world who are against gold, and they think that gold is a barbarous relic - and they might be right. Unfortunately, there are three billion inhabitants of the world who believe in gold." - Janos Fekete

      I could go on and on....
      Aug 10 04:46 AM
    • Seven Reasons To Avoid Gold - And Why You Should Ignore Them [view article]
      @douglas: all that took was a guy named Volcker who raised rates to 20%. Nou let's see Bernanke do that ;) Aug 08 03:55 PM
    • The Dow Priced in Ounces of Gold: Secular Bear Market Since '99 [view article]
      In the words of J.P. Morgan, "Gold is money. That's it."
      But still, dow in terms of other commodities is interesting.

      Aug 04 12:42 PM
    • Everyone Wants the Commodity Bubble To Be Pricked [view article]
      Russia would be *nowhere* without the run up in commodities in the last years (not just oil), it is rising from its ashes and flexing... Let commodities crash, and Russia would be broke. Latin America is absolutely booming thanks to commodities. Australia is making tonnes. High prices gives these countries power, look at Russia, Venezuala posturing like they do. Argentina, Malaysia, Venezuela are no longer interested in IMF membership. If you have expensive commodities, people are nice to you and will take you to dinner. These countries have nothing to gain from lower commodity prices. Now, if they would stop printing their fiat papers (and in some cases let the dollar peg go), they would have less inflation too.

      Aug 03 05:05 AM
    • Everyone Wants the Commodity Bubble To Be Pricked [view article]
      Not everyone wants it pricked, just those countries that have to buy them from the producers ;)
      Aug 01 03:10 PM
    • How Can the Dollar Rally As Oil Soars? [view article]
      The USD is far from hated - yet. Look at all the $ held by Asians and Arabs ! The $ still has a long way to go. Jul 25 07:04 AM
    • The Brightest Stars in the Commodities Boom, Part Two [view article]
      Thanks Mark, enjoyed reading the piece. Some notes though:

      - few (no?) commodities have done any good in the period 1980 - 2000, not only gold performed poorly...we could use that period to bash commodities in general.
      - In 1971-1980 Pt went from $90 to 1000$, gold from $35 to 850$. Gold did much better.
      - In the period 1999-2007, Pt did 318%, Au 190%, Pd 10%. We found a hedge worse than gold ;). But the PM run is not over yet, we'll see what the future has in store for us.       Jul 10 12:56 PM
    • Four Reasons for Silver to Be 2008's Best Performing Precious Metal [view article]
      "Like gold, silver is a safe haven from inflation...". I am bullish on PM but definitely NOT as inflation hedges. Look at 1980-2000, prices doubled but gold went from 850 to 250 (silver did even worse), how can one believe the metals will protect from inflation ?

      Jul 07 03:34 PM
    • Do New Commodity ETFs Signal a Top? [view article]
      compared to other mutual funds, there are still very very few commodity trackers / funds :-) Jun 26 12:09 PM
    • The Brightest Stars in the Commodities Boom, Part I [view article]
      Most commodities can be substituted. If platinum and palladium become expensive as rhodium, I really expect some substitution. For instance, gold can act as a catalyst as well:

      17/05/2007 - Gold glows on back of clean-air movement
      www.telegraph.co.uk/mo...

      January 02, 2008 -- Will Gold Replace Platinum in Catalytic Converters?
      seekingalpha.com/artic...

      1 APRIL 2008 - HITACHI MAXELL DEVELOPS NEW GOLD-PLATINUM CATALYST ENABLING HIGHER PERFORMANCE FUEL CELLS
      www.greencarcongress.c...

      That would definitely destroy some demand for platinum.

      If a particular commodity gets too expensive, it gets substituted. If oil is too expensive, we use coal or natural gas. If platinum is too expensive we use palladium. Or maybe gold (as science progresses). I am invested in broad commodity indices, and have a physical stash Au,Ag,Pt,Pd. I don't put everything in gold, and don't put everything in Pd either.       Jun 21 03:04 PM
    • Inflation Fears Are Inflated [view article]
      The cost of labor flat ? Maybe in the US, but not in the countries where all the stuff the US buy is produced ! Wages are definitely going up in China. Jun 16 02:07 PM
    • Headwinds for Gold? [view article]
      I would definitely include "bank problems and potential systemic crisis" in one of the legs, if not as a separate one...

      Jun 08 12:44 PM
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»